Case Study

Clinicient

Overview

Based in Portland, Oregon, Clinicient is a provider of integrated revenue cycle management software and services for outpatient rehabilitation clinics.

Clinicient provides rehab clinics with the software and services to effectively manage their practices and increase the efficiency of the claims reimbursement process.

Situation

With over 50% year-over-year growth, Clinicient had a significant opportunity to become the leading software and services provider to healthcare rehab clinics because it had a compelling business model, strong barriers to entry and limited competitors (only one other dedicated competitor in the market).

Clinicient is the only solution that provides a fully integrated end-to-end platform.

Capital raised was used to complete technology investments in the platform and invest in the sales and marketing functions.

Cascadia Process

Cascadia was brought on as the exclusive financial advisor to the company and ran a targeted marketing effort focused on investors that understood the dynamics of a vertical specific SaaS and tech-enabled services platform within the healthcare sector.

The process attracted significant investor interest, resulting in multiple term sheets, thereby allowing Clinicient to choose the investor that was the best fit from a strategic, management and future growth perspective.